[EXCLUSIVE] Toni Braxton’s 2nd Bankruptcy Coming To An End


Screen Shot 2014-09-14 at 7.28.11 PM

Toni Braxton’s 2nd bankruptcy case — which the singer filed due to debts over $10 million dollars — is finally coming to a close nearly five years after she filed, theJasmineBRAND.com exclusively reports.

In 2010, The Braxton Family Values reality star filed for her 2nd bankruptcy, explaining she racked up debts in the $10 – $50 million dollar range but only had assets in the $1 – $10 million dollar range.


toni braxton-front-Towanda Braxton 40th birthday party-the jasmine brand

The 43-year-old singer spoke out about the bankruptcy, claiming she had racked up millions of dollars in debt due to her health problems that forced her to cancel a series of Las Vegas shows. Braxton famously filed for bankruptcy the 1st time back in 1996, following a unsuccessful legal battle with her record label.